However, I have recently spoken to our internal underwriters about this and know it is not that simple or cut and dry.

She married moved out of state and left a family member to live in/take care of her house.

Going back to my original, I guess I don't see why a lender would care why an LLC is domesticated in NY versus PA if the underlying property is in NY. 

I also when its someone new .. will google street view.. get the person answering the phone to describe what her office location looks like  or I will say hey is that a McDonalds across the street from you when I know its a burger king.. then the other thing I will do is make them recite some information on the hud that a scammer would not have access to.you simply cant be too careful.. millions of dollars a day are being lost in this manner. 

Buyers don't care about your debt, even if you're underwater.

I don't necessarily care who wins, as long as I win.  ;-)My 'problem' is that I now going to cash, but I really don't see ANY commodity that I can 'safely' invest in knowing we are in for a crunch.  

@Hong Gao I didn't know you were thinking of wholesaling it, but I'd be careful because most wholesale buyers are going to be experienced flippers just like the contractor. 

But I love the turn overs once it is set up as it means my cleaners are in there taking care of the place.  

@Marcella Cheung,  your  posting seems to have been cut off.  

Also I would have to get through all the permits which cuts into the 180 days.